Social video sharing app Viddy wants to be the Instagram of mobile video sharing and the company is on its way to reaching that goal after attracting more than 26 million users and a market valuation of $200 million.

A recent report by The Wall Street Journalhas also found that Viddy is currently signing up 1 million new users per day.

The company’s $200 million valuation comes after the company’s launch just one year ago.

After Instagram’s success many company’s decided to focus on video to differentiate themselves, for example the application Color which started as a photo app is now offering streaming of live video that can be shared on Facebook, however that app just passed 1 million users. [Read more…]

ComScore data reports that Google sites continue to hold a firm grasp on the online video space, accounting for 38% of all videos viewed (4.3 billion). Of that, 98% is straight from YouTube.

Nearly 139 million U.S. Internet users watched an average of 83 videos per viewer in March.

Since so many of us do the majority of Web searching at work, have we gotten really good at minimizing windows when danger lurks, or are employers’ more understanding of the online video phenomenon? Which leads to the bigger question: Should text bloggers, who have no interest in stepping out into the video realm, be concerned that they are losing eyeballs?

Far behind Google is Fox Interactive Media, ranked second with 477 million videos (4.2 percent), Yahoo! Sites with 328 million (2.9 percent) and Viacom Digital with 249 million (2.2 percent).